PeakTrader.com

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Apr 17th Trading Log (Updates):

Current Trades: Sold 20,000 SQQQ shares at 57.25, bought 1,000 QQQ May 640 puts at 10.85, bought 200 SPY May 710 puts at 11.75, bought 200 more QQQ 640 puts at 10.7, bought 100 more SPY 710 puts at 11.15, sold 10,000 SQQQ shares at 57.00, bought 200 more SPY 710 puts at 10.75, bought 200 more QQQ 640 puts at 10.4, bought 100 more SPY 710 puts at 10.4, sold 20,000 SQQQ shares at 56.25, bought 1,000 more QQQ 640 puts at 10.05, sold 20,000 SQQQ shares at 56.30, bought 500 QQQ May 650 puts at 13.05, bought 400 more SPY 710 puts at 9.75, sold 30,000 SQQQ shares at 56.60, and sold the 300 QQQ 630 puts at 7.25 -------- QQQ is up 85 points from the low 13 days ago. I plan to sell some SQQQ shares and buy large positions in QQQ and SPY puts. Volatility and at least a shallow pullback are likely.

My portfolio is at $12,070,000 including $2,182,900 in cash.

Calls Contracts-Shares Long

None

Puts Contracts-Shares Short

SQQQ 100,000 shares
QQQ May 640 2026 2,400
QQQ May 650 2026 500
SPY May 700 2026 300
SPY May 710 2026 1,000

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks go straight up month after month.